1 JANUARY 1876, Page 10

President Grant, whose Secretary for the Navy, Mr. Robeson, has

recently been very busy putting iron-clads in order, and has now fifteen at his disposal, has, it is stated, forwarded a circular to the European Governments, advising a combined mediation or intervention to secure peace in Cuba. The state of the island is terrible, but it is not likely that Europe will undertake its pacifi- cation, and the object of this proposition is, therefore, probably to bring down on the United States hostile messages from Spain, which the Washington Government, of course, would resent. The electors would then think it necessary to retain General Grant, as the moat experienced soldier in the Union. The action of the Madrid Government is uncertain, but it has so anxiously denied a charge brought against it of having enlisted Italian re- cruits in New York, that it is probably unwilling to commence a contest. General Jovellar, who formerly commanded in Cuba, has, however, started for the island again, and there is an impres- sion at Madrid that something serious is at hand.